BTC Digital annual net debt
2020
2021
2022
2023
2024
2025
BTC Digital Net Debt Growth & History (BTCT)
BTC Digital's net debt was $2.2M for fiscal 2025.
View full BTC Digital company overviewBTC Digital annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.2M | $16.2M | — |
| 2024 | 2024-12-31 | −$14.0M | −$14.1M | — |
| 2023 | 2023-12-31 | $82,000 | −$740,000 | −90.02% |
| 2022 | 2022-12-31 | $822,000 | $12.2M | — |
| 2021 | 2021-12-31 | −$11.4M | −$48.4M | — |
| 2020 | 2020-12-31 | $37.0M | — | — |
BTC Digital quarterly net debt
Q4.20
Q2.21
Q4.21
Q2.22
Q4.22
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q2.25
Q4.25
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | $2.2M | $16.2M | — |
| Q2 2025 | 2025-06-30 | −$6.1M | −$6.3M | — |
| Q4 2024 | 2024-12-31 | −$14.0M | −$14.1M | — |
| Q3 2024 | 2024-09-30 | $517,000 | — | — |
| Q2 2024 | 2024-06-30 | $223,000 | — | — |
| Q1 2024 | 2024-03-31 | $276,000 | — | — |
| Q4 2023 | 2023-12-31 | $82,000 | −$740,000 | −90.02% |
| Q4 2022 | 2022-12-31 | $822,000 | $12.2M | — |
| Q2 2022 | 2022-06-30 | $5.7M | −$14.7M | −72.15% |
| Q4 2021 | 2021-12-31 | −$11.4M | −$48.4M | — |
| Q2 2021 | 2021-06-30 | $20.4M | — | — |
| Q4 2020 | 2020-12-31 | $37.0M | — | — |
BTC Digital net debt trends
Over the last five fiscal years, BTC Digital's net debt decreased from $37.0M to $2.2M, a change of −$34.9M. The latest reported quarter, Q4 2025, shows $2.2M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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